Mueller Industries Shares Reach Four-Month Low After Earnings Miss
Photo: TokenPost
Mueller Industries, Inc. (NYSE: MLI), a copper products maker, fell as much as 7.9% Tuesday and reached a four-month low after third-quarter earnings narrowly missed analyst estimates, despite revenue rising 32% from a year earlier. Demand tied to data centers and commercial buildings supported growth in key areas of the business, helping cushion weakness in residential construction. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
